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Dollar Prices Dip in Baghdad and Erbil as Markets Close

Dollar Price Trends in Baghdad and Erbil

On Thursday, dollar prices experienced a slight decline in the markets of Baghdad and Erbil, coinciding with the closure of the stock exchanges at the end of the trading week.

Current Dollar Valuation

According to market reports, the price of the U.S. dollar fell as the Baghdad stock exchanges, namely Al-Harithiya and the struggle exchange, closed for the week. The dollar was noted at 148,250 Iraqi dinars for $100, down from an earlier rate of 148,350 dinars for $100 earlier in the day.

Banking Sector Insights

In Baghdad’s local banking sector, the selling price remained stable, with rates recorded at 149,500 Iraqi dinars for $100. Meanwhile, the purchase price stood at 147,500 dinars for the same amount.

Market Activity in Erbil

Erbil reflected similar trends in dollar pricing, with the selling rate reaching 148,000 dinars for $100 and a purchasing price of 147,900 dinars for the same sum.

Summary of Dollar Prices

Location Selling Price (IQD) Purchase Price (IQD)
Baghdad 149,500 (for $100) 147,500 (for $100)
Erbil 148,000 (for $100) 147,900 (for $100)

In summary, the dollar’s value showcased a minor drop in both Baghdad and Erbil, reflecting broader market trends observed at the close of the trading week.

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